The Michigan Economic Development Corporation (MEDC) announced today that DELMIA Corporation will be expanding in Auburn Hills to accommodate the company’s growing operations.DELMIA plans to invest up to $9.2 million in the expansion and create up to 111 new jobs.
“The availability of quality workers and other factors has made Michigan an attractive location for high tech companies,” said Doug Rothwell, president and CEO of the Michigan Economic Development Corporation.“DELMIA’s expansion in Auburn Hills is a testament to the fact that Michigan is continuing to build on its strong information technology base.”
DELMIA had also considered expanding to a site in South Carolina.An MEDC incentive package, including a high technology Single Business Tax credit valued at $2 million over 10 years, convinced the company to expand in Michigan.
"We are very excited about our new location in Auburn Hills,” said Philippe Charlès, CEO of DELMIA Corporation.“We are sincerely grateful for the support of the Michigan Economic Development Corporation to ensure the continued growth of DELMIA and to create the opportunity to offer new jobs within the state of Michigan.”
According to an economic analysis conducted by the University of Michigan, it is estimated that DELMIA’s expansion will generate a total of 328 jobs in the state by 2012, including up to 217 as a result of increased economic activity related to the expansion.The expansion will provide an estimated $16.7 million in revenue to the state over the life of Single Business Tax credits, resulting in a net gain for the state of more than $14.7 million.The project is expected to generate more than $209 million in personal income during that time.
“We are pleased that DELMIA Corporation has chosen to remain and grow in Oakland County,” said L. Brooks Patterson, Oakland County Executive.“As a member of Automation Alley, DELMIA represents the best in our area -- a growing high tech firm that serves a diverse customer base.”
DELMIA Corporation was formed in June 2000 as the e-manufacturing brand for Dassault Systems, its French parent company.DELMIA is the leading provider of lean digital manufacturing solutions, focused mainly on the development of software that can be used to streamline manufacturing processes.The company supports a number of industries, including automotive, aerospace, fabrication and assembly, electrical and electronic, consumer goods and shipbuilding.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.
(All estimates in 2002 dollars)
|TOTAL JOBS CREATED||328|
|NET POSITIVE STATE REVENUE IMPACT||$14,741,000|
|Average Weekly Wage||$1,178 |
|Personal Income Generated Over|
|Life of the Tax Credit Agreement||$ 209,303,000|
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